Middle income status Ghana admitted 50th member of OECD

The President urged the OECD Development Centre to come out with a blueprint to guide lower middle income countries transiting to a middle income status.

  • Published:
President Mahama play

President Mahama

24/7 Live - Subscribe to the Pulse Newsletter!

President John Dramani Mahama has expressed gratitude to the governing board of the Organization for Economic Co-operation and Development, OECD, for admitting Ghana as the 50th member of the global organization.
RELATED: Bilateral talks President Mahama lauded for bringing stability to West Africa

Speaking at a meeting with the Governing Board of the OECD in Paris, the president said Ghana stands to benefit from experiences of other member countries especially at the time that the country is seeking to move from a lower middle income to a middle income status.
The President urged the OECD Development Centre to come out with a blueprint to guide lower middle income countries transiting to a middle income status.
RELATED: Issues Mahama talks democracy, corruption in France [Video]

He added the attainment of lower middle income status has been followed by difficult economic challenges and choices as the country no longer enjoys favourable concessionary loan terms.

He said the government's efforts to address the economic challenges are yielding results.

President Mahama indicated that the transformation agenda of the government seeks to change the fundamentals of Ghana's economy by making it an export led one.

Recommended Articles

Recommended Videos





Top Articles

1 Video Metro Mass bus catches fire on Cape Coast-Kasoa highwaybullet
2 Akrasi Sarpong High court convicts former NACOB boss for contemptbullet
3 Nkonya Terminator "I am not afraid of death" - Kwabena Adjeibullet
4 Kintampo Waterfalls Accident Ambulance conveying Kintampo victims...bullet
5 Dr Mahamudu Bawumia Veep pays surprise visit to Passport Officebullet
6 Kintampo waterfalls accident Angry gods caused Kintampo tree...bullet
7 Charity First Lady pays cost of heart surgery for 7-year-old...bullet
8 Abandoned Babies Akua Donkor is ready to take care of your...bullet
9 Security Ghana Armed Forces resumes 2017 recruitment...bullet
10 Unauthorised Structures AMA to demolish illegal...bullet

Top Videos

1 Prophecy I predicted Kintampo accident - Prophetbullet
2 Ghana@60 Agya Koo embarrassed Ghana at Independence Day - Asiedu Nketiabullet
3 Health Alert Fufu is killing Africans - Mensah Otabilbullet
4 Video Metro Mass bus catches fire on Cape Coast-Kasoa highwaybullet
5 Video Taxi driver terrified after an encounter with a ghostbullet
6 Meet "The Beast" President Obama's Cadillac that's more tank...bullet
7 Obinim What happen'd when we fact checked Obinim's Bible...bullet
8 Watch Kumchacha delivers Counselor Lutterodt from 'demons'bullet
9 In Zimbabwe President Mugabe’s 70 year-old aide marries...bullet
10 Video Police officer attacked at Flagstaff Housebullet

News